Recession is officially underway: Eddie Ghabour



Key Advisors Wealth Management co-founder and CEO Eddie Ghabour tells ‘Varney & Co.’ the recession is accelerating at a faster pace than the market is pricing in on and Wall Street is about to hit ‘new lows.’

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40 comments

  1. Good news seeing America DECOMPOSE rapidly!

  2. Given the situation, I think we need to start seeing videos on "How to survive the present recession." In reality, it's a total failure. I was amazed that some people could still make more than $408k in a short amount of time. If that's still the situation, could someone explain how?

  3. Crypto currency and NFTS will outsmart the banking system in the nearest future serving as a global fiat. Already making over 85% profit from my current investment.

  4. Idiots imo we been in a full blown recession for 13 months now open your eyes moron

  5. Yup.just want to thank everyone who helped Joe Biden into office I hope every one of you get exactly what you deserve

  6. The Market have been suffering over the past month, with all the three indexes recording losses in recent weeks. My $400,000 portfolio is down by approximately 20%, any recommendations to scale up my returns before retirement will be highly appreciated.

  7. We've been in a recession for six months. Democrats changed the definition of recession so they can continue gaslighting the uninformed and the intelligence challenged.

  8. the media using buzz words for clickbait?
    economy has been in the dumps since the SCAMDEMIC

  9. All it will take is a 1% rise in unemployment, and at this point, that is a certainty.

  10. Oh my gosh, he's right. I just did the calculation, the banks aren't too big to fail, THEY'RE TOO BIG TO EXIST. RUN FOR YOUR LIVES!!! You know in reality like engineering and biology things can be too big to exist. In real capitalist economics it's true too. That's why communists hate capitalism because governments and giant communist banks become too big to exist.

  11. I began accumulating wealth when I started following up my investment properly, The value of expert mentorship cannot be overstated. Without proper mentoring, people tend to make mistakes and loose money. This is why I prefer to invest with Juliann Hart because her methods are unique and extremely profitable-

  12. The way I see it this recession most likely has an external cause. The United States is losing influence as a federal currency for the first time in decades. They don't have any more economies to utilize to control their inflation, and less money is being spent on stock and oil trading than previously. They all lend credence to the hypothesis that a new multilateral world order may be in the works.

  13. Stop raising interest rates.

  14. Every day we have a new problem. It's the new normal. At first we thought it was a crisis, now we know it's a new normal and we have to adapt. 2023 so far looks like a year a year of severe economic pain all over the nation.. what steps can we take to generate more income during quantitative adjustment?I can't afford my hard-earned $680,000 savings to turn to dust….

  15. <Thanks bud for keepin us financially Educated! Regardless of how bad it gets on the economy, I still make over $22,000 every single week.>

  16. Woohoo, I can't wait. I've been watching the numbers on home foreclosures and it looks like things are picking up. Those 81 million Biden voters are going to have hell to pay now and I can't wait to steal their foreclosed homes at bargain-basement prices. Good times are ahead !

  17. Paper economy fake economy

  18. GOLD PRICE WILL BE IN THE RANGE OF 3K$ – 3.5K$ THIS YEAR + OIL PRICE IS GETTING BACK TO 130$ BB/LS – 140$ BB/LS BECAUSE OF THE SUPER STAGFLATION ROOTED FROM FINANCIAL & MONETARY INFLATION!!!!!!!!!!!!!!!:) —— > AGAIN AND AGAIN CHINA USA EUROPE HAVE TOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOO MUCH DEBT TO GO FURTHER FROM HERE AND INDEED BOJ ALSO IS LOSING THE BEST TIMING TO TWEAK ITS YCC MEANS AFTER MARCH 10TH OF THE LAST MEETING OF KURODA THERE WILL BE A HUGE MONEY FLOW GOING OUT OF JAPAN ASSETS MARKET UNLESS THE BOJ TWEAKS ITS YCC AT LEAST!!!!!!!!!!!:)

  19. The rich stay rich by spending like the poor and investing without hesitating then the poor stay poor by spending like the rich yet not investing like the rich

  20. Cash is king during a recession.

  21. GOP tax cuts for the wealthy have never boosted the US economy. Between 1953 and the present, 10 of 11 recessions began under Republican presidents. Since 1933, the US economy has grown at an annual average rate of 4.6% under Democratic presidents and 2.4% under Republicans.

  22. People still believe the recession is coming? 😂😂 my portfolio is 100% crypto and looking good

  23. Can I get paid to come on and get paid to be captain obvious?

  24. When's the Kentucky Derby and where's Rich Strike ?

  25. I'm so opportuned irrespective of the economic crisis and financial conditions I am still able to earn $33,500 returns from my initial $6,500 every 10days

  26. Recessions are part of the economic cycle, all you can do is make sure you're prepared and plan accordingly. I graduated into a recession (2009). My 1st job after college was aerial acrobat on cruise ships. Today I'm a VP at a global company, own 3 rental properties, invest in stocks and biz, built my own business, and have my net worth by $500k in the last 4 years.

  27. They must go to jail !!!!!! BNE home invasion assault on a minor trespassing public intoxication

  28. Woot!!! let’s get this collapse and bankruptcy of the country underway!! it’s party time!!! it’s time for a divorce burn baby burn!!

  29. What are those stupid seals clapping about ? What a joke.

  30. Where the hell have these people been? The country has been in a recession since Brain Damage Biden took office!!!

  31. Thanks for sharing this insightful tips… I,ve gain so much knowledge about trading! I'm so excited I've been making $7,000 and above every 12days.

  32. A recession means nothing until it hurts those who've caused it

  33. The markets down ten percent

  34. Well do Obiden,u destroying America and helping out enemies

  35. It better get a move on, if it's to catch up to the depression unfolding before our very eyes 👀

  36. Yeah and it started 9 months ago.

  37. Recession and repression are brought to you by Let’s go Brandon and the most transparent Administration in US history!!! Keep voting Democrat!!!

  38. Until Biden send more money to Ukraine so it can get laundered and pumped right back into WallStreet like the 1.7 trillion was.

  39. HA! We have been in recession since January 2022!.